Construction to start at Midrand Central Business Park
Construction is ready to begin at Midrand Central Business Park, owned by Growthpoint. Working with experienced industrial developers Dickinson Projects, the company will develop the 60,000sqm site, which provides development potential for around 26,000sqm of business space in a safe, park-like environment. Its modern design allows flexible design options for its buildings, starting from 2500sqm.
Engelbert Binedell, Growthpoint Properties industrial division head, says, "Industrial property is performing rather well in the present market. This quality, modern industrial development is conveniently situated between Johannesburg and Pretoria in a popular business area, which is attractive to many companies, especially those running warehousing, distribution and logistics facilities."
At the heart of a new wave of industrial development in Gauteng, it offers a unique development proposition. "It provides quick development turn-around in a prime location in one of the fastest growing business nodes in Southern Africa," says Grant Dickinson of Dickinson Projects.
With the planning and rights in place, electricity secured and services installed, as well as the advantage gained from the combined forces of a leading property owner and successful development team, Midrand Central Business Park provides market-ready industrial and business space tailored to clients' size and operational needs.
"This means we can custom-design buildings for clients, creating the ideal mix of office, warehouse, manufacturing and showroom spaces," says Joanne Scott of Growthpoint Properties Industrial Division. "A made-to-measure development also provides excellent timelines to execution."
Well positioned on Allandale interchange
Strategically positioned at the Allandale interchange from the N1 highway, Midrand Central Business Park enjoys good access. It also provides excellent signage opportunities on its prominent frontage to the K101 main arterial.
This secure business estate, which features access control, CCTV monitoring and guardhouse, also provides large yard space for easy reticulation and docking and driving access. The business park offers generous parking for employees and visitors. Development will be demand driven.
Efficiency initiatives provide the long-term benefit of reduced working costs for business. To maximise the layout and height of storage space, units can have roof sprinklers to allow for racking.
"This development allows us to work with an excellent development partner and provide our clients with buildings that meet their needs for well-positioned, modern, cost-saving business space that can be customised to their unique requirements," concludes Binedell.
Growthpoint Properties is the largest South African listed property company with property assets valued over R50 billion found throughout South Africa. Its industrial property portfolio comprises 223 properties countrywide.